$SEI is moving within a clear descending structure on the chart 📉
The price failed to maintain the bullish momentum after the recent bounce, and signs of weakness are starting to show near the main descending trendline.
Currently, there are two FVG zones that could act as redistribution areas before the negative movement continues.
If the rejection persists below the trend, the market may gradually head towards the green liquidity zone near 0.0628 – 0.0630, which is considered the most important demand area on the chart.
For a return to a positive trend, a clear breakout of the descending trend and a hold above the upper FVG zones are required.
🚨 Click To Trade $SEI Here 👇
#SEİ
The price failed to maintain the bullish momentum after the recent bounce, and signs of weakness are starting to show near the main descending trendline.
Currently, there are two FVG zones that could act as redistribution areas before the negative movement continues.
If the rejection persists below the trend, the market may gradually head towards the green liquidity zone near 0.0628 – 0.0630, which is considered the most important demand area on the chart.
For a return to a positive trend, a clear breakout of the descending trend and a hold above the upper FVG zones are required.
🚨 Click To Trade $SEI Here 👇
#SEİ